Blue dollar unstoppable today: one week from PASO it jumps to $586

2023-08-07 16:49:00

The blue dollar started the last week before the STEP rising, maintaining the trend that started in August. Although in the first operations of the wheel it operated at levels of $575, at noon in the city of Buenos Aires it began to raise its profile, and at 1:00 p.m. it reached $578, a new nominal record for the informal currency that continues to climb towards $600.

But, barely half an hour later, the informal price jumps once more and climbs to $586 for sale and $581 for purchase, following scoring 12 pesos this Monday, August 7.

By caseSalvador Di Stefano He announced in his daily column that “the blue dollar closed the month of July at $555, increased 76.2% in one year and is on the cover of all the newspapers, when in truth it rose less than inflation.”

According to the economist’s view, 600 is still a mark to be surpassed. “The blue dollar is one more price of the economy. In August 2022 it was at $295, if we add annual inflation to July, the blue dollar should be around $628 as a floor”, advancement. And it seems that the informal currency is heading there.

For his part, he official dollar goes up $1.50 and trades at $279.50 to buy and $292.50 for sale on the screens of the Banco de la Nación Argentina (BNA).

Increase in financial dollars

Meanwhile, financial dollars continue the upward trend. The MEP dollar appears on the screens of the capital market $521,78..

For his part, Cash with Settlement is showing upwards and is trading at $556.55 for purchase and $572.57 for sale.

At the moment, the Central Bank did not report the devaluation of the day. This is a figure that economic analysts are closely following, since given the pace of the last days it would be close to 11%.

Developing…

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